The Innovation Fund aims to create the right financial incentives for companies and public authorities to invest now in the next generation of low-carbon technologies and give EU companies a first-mover advantage to become global technology leaders.
The Commission has launched the first call for proposals under the Innovation Fund , one of the world’s largest programmes for the demonstration of innovative low-carbon technologies. will finance breakthrough technologies for renewable energy, energy-intensive industries, energy storage, and carbon capture, use and storage.